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Technology Stocks : General Semiconductor / GENERAL INSTRUMENT

SEM 15.38

-0.4%

3:02 PM EST

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To: louis mason who wrote (19)	1/8/1997 6:33:00 PM
From: John Hunt	of 99

Louis, a reverse split is where a company gives fewer (more expensive) shares for each share outstanding. Instead of splitting for example 2:1 (2 new for one old) a reverse split might be 1:2 (1 new for 2 old). Shouldn't affect value of your investment and I think they would only do it as an interim step before issuing the new individual company shares. As far as hdtv, the only one I own is Zenith which is way down (I am carrying a loss in it) but it had a good move today. It's partly owned by a Korean Conglomerate. Check the SI thread. No bets on it though, as it has been losing money. Sorry I don't know anything about IATV. John

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